Bitcoin Price Plunge to $1,000 is Possible, Say Traders; Could it Happen?

Since January, for over two months, Bitcoin has remained in a relatively tight price range from $ 3,200 to $ 4,000, unable to break out of key resistance levels above $ 4,200. Similarly, from September to November, in an identical time frame, Bitcoin maintained low volatility in the $ 6,100 to $ 6,700 range. The last time the dominant cryptocurrency showed an extended period of stability, it dropped from the $ 6,000 region to $ 3,122, by nearly half. Some traders have suggested that BTC could become vulnerable to a similar downside movement in the near-term if it fails to demonstrate momentum. Momentum is Key, Bitcoin Has

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Billionaire Oprah Winfrey Loses $50 Million in Weight Watchers Shares after 30% Plunge

Shares of fitness firm WW, which was formerly known as Weight Watchers International, plunged 30% in pre-market hours on Wednesday wiping out nearly $ 50 million of the stake that Oprah Winfrey holds in the company, according to CNBC. The drop in the stock came after the dieting firm released disappointing 4th quarter and full-year 2018 results. While analysts had been expecting earnings per share to come in at 60 cents, the actual EPS was 46 cents. Revenues for the fourth quarter of 2018 came in at $ 330 million against the $ 347 million that was expected. WW generated $ 1.5 billion in

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Bitcoin Price Plunge to $3,700 Expected, Say Traders; Retreat is a Blessing For Crypto

Following a rapid surge in the Bitcoin price from $ 3,614 to $ 4,000 within a span of three days, traders are expecting BTC to retrace by around 7 percent to $ 3,700. The cautious projection on the price trend of the dominant crypto asset comes after the failure of BTC to climb beyond the crucial $ 4,000 resistance level. On February 19, BTC achieved $ 4,000 across major crypto exchanges including Bitstamp and Binance. Shortly thereafter, it fell to the low $ 3,900 region and today, below the $ 3,900 level. What does Will Bitcoin Pullback mean For the Rest of the Crypto Market? The price

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Bear Market Bites Bitcoin Unicorn Circle, Shares Plunge 80%: Report

According to reporting by The Block, the value of shares in Circle, a privately-owned crypto company, has dropped dramatically over the last year. Frostbite: Bitcoin Unicorn Circle Suffers Sinking Valuation amid Crypto Winter Referencing a platform called SharesPost, the report indicates that the stock has dropped from an opening price of $ 16.23 to $ 3.80 as of today. SharesPost enables accredited investors to buy and sell shares in private companies. Earlier, R3 advisor Tim Swanson tweeted that more major cryptocurrency companies are trading well below their most recent valuations in the secondary markets. at least one secondary market for private companies is

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